List Includes Italian Banks but None From Germany or France

FRANKFURT—About 25 eurozone banks failed the European Central Bank’s financial-health checks, although more than half of these lenders have taken the necessary steps to shore up their balance sheets this year, according to a person familiar with the matter.

Of these banks, 11 or 12 still have additional capital needs, according to the person. There are no German or French banks among those dozen or so lenders, though there are...

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